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Nonprofit · EIN 73-1722348

ESPERANZA ACADEMY INC

Tax-exempt · LAWRENCE, MA 01840

Financials

$3.6M$3.1M2022$6M$3.7M2023$11.6M$4.1M2024
Revenue Expenses · by fiscal year end
Financials of ESPERANZA ACADEMY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$11,584,815$4,100,035$7,484,780$24,835,758$9,236,813$15,598,945
June 30, 2024990$5,978,708$3,656,042$2,322,666$8,899,974$371,082$8,528,892
June 30, 2023990$3,634,565$3,097,434$537,131$6,346,278$277,909$6,068,369
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$11,376,684
Program service revenue
$72,254
Investment income
$190,509
Net gain from sales of assets
$39,321
Net income from fundraising events
-$57,672
Other revenue
-$54,632

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$432,565
Other salaries and wages
$1,611,841
Salaries, compensation and benefits (total)
$2,485,518
Professional fundraising fees
$0
Legal fees
$11,276
Accounting fees
$41,002
Occupancy
$190,852
Depreciation
$51,983
Program services (functional)
$2,984,630
Management and general (functional)
$452,791
Fundraising (functional)
$662,614

Balance sheet and other

Total assets, start of year
$8,899,974
Total assets, end of year
$24,835,758
Total liabilities, end of year
$9,236,813
Net assets, end of year
$15,598,945
Land, buildings and equipment
$958,180
Publicly traded securities
$2,366,389
Net assets without donor restrictions
$13,838,138
Net assets with donor restrictions
$1,760,807
Gross receipts
$12,904,113
Employees
34
Volunteers
100
Year formed
2004
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JADIHEL TAVERASHEAD OF SCHOOL
Officer
40$257,621$29,439
PATRICIA FERNANDEZCHIEF ADVANCEMENT OFFICER
Highest-paid employee
40$162,663$23,128
TESSA YOUNGCHIEF OF STRATEGY AND IMPACT
Highest-paid employee
40$113,507$20,955
LISA LEEDIRECTOR OF FINANCE
Officer
40$114,935$11,494
DELIA DURAN-CLARKPRINCIPAL
Highest-paid employee
40$114,344$11,434
NINA BOWMANPRESIDENT
Trustee or director, Officer
5$0$0
CARLOS TORRESVICE PRESIDENT
Trustee or director, Officer
5$0$0
MATT PRUNIERTREASURER
Trustee or director, Officer
5$0$0
AUDREY ELLISSECRETARY (UNTIL 6/30/25)
Trustee or director, Officer
5$0$0
ADITI DHOLAKIABOARD MEMBER
Trustee or director
2$0$0
DAMIEN HUANGBOARD MEMBER
Trustee or director
2$0$0
G DINO KOFFBOARD MEMBER
Trustee or director
2$0$0
ALLISON MATLACKBOARD MEMBER
Trustee or director
2$0$0
DEREK MITCHELLBOARD MEMBER
Trustee or director
2$0$0
FRANCELIS MORILLO SUAREZBOARD MEMBER
Trustee or director
2$0$0
5 more people on this return
NameTitleHours / weekCompensation
KEVIN RAMOS-GLEWBOARD MEMBER
Trustee or director
2$0
MAGGIE SUPER CHURCHBOARD MEMBER
Trustee or director
2$0
BRIAN THOMASBOARD MEMBER
Trustee or director
2$0
ERIN VAN OTTERLOOBOARD MEMBER
Trustee or director
2$0
DANIEL HEISCHMANBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 28 people
NameTitleHours / weekCompensationOther / benefits
JADIHEL TAVERASHEAD OF SCHOOL
Officer
40$258,487$25,169
PATRICIA FERNANDEZCHIEF ADVANCEMENT OFFICER
Highest-paid employee
40$163,119$21,716
LISA LEEDIRECTOR OF FINANCE
Officer
32$115,944$11,594
TESSA YOUNGCHIEF OF STRATEGY AND IMPACT
Highest-paid employee
40$108,016$18,825
DELIA DURAN-CLARKPRINCIPAL
Highest-paid employee
40$111,735$11,174
STEVE MARTINCO-PRESIDENT
Trustee or director, Officer
5$0$0
ERIN VAN OTTERLOOCO-PRESIDENT
Trustee or director, Officer
5$0$0
AUDREY ELLISSECRETARY
Trustee or director, Officer
5$0$0
THOMAS ABISALIHTREASURER
Trustee or director, Officer
5$0$0
NINA BOWMANVICE PRESIDENT
Trustee or director, Officer
5$0$0
DENISE BORDONAROBOARD MEMBER
Trustee or director
2$0$0
BARBARA CHASEBOARD MEMBER
Trustee or director
2$0$0
EMILY JONESBOARD MEMBER
Trustee or director
2$0$0
JENNIFER MCKENELLEYBOARD MEMBER
Trustee or director
2$0$0
MATT PRUNIERBOARD MEMBER
Trustee or director
2$0$0
DAMIEN HUANGBOARD MEMBER
Trustee or director
2$0$0
KEVIN RAMOS-GLEWBOARD MEMBER
Trustee or director
2$0$0
CARLOS TORRESBOARD MEMBER
Trustee or director
2$0$0
KAVY YESAIRBOARD MEMBER
Trustee or director
2$0$0
KATE BARRANDBOARD MEMBER
Trustee or director
2$0$0
ADITI DHOLAKIABOARD MEMBER
Trustee or director
2$0$0
HEATHER BENSONBOARD MEMBER
Trustee or director
2$0$0
DANIEL HEISCHMANBOARD MEMBER
Trustee or director
2$0$0
ALLISON MATLACKBOARD MEMBER
Trustee or director
2$0$0
DEREK MITCHELLBOARD MEMBER
Trustee or director
2$0$0
ELAINE WHITEBOARD MEMBER (UNTIL 6/2024)
Trustee or director
2$0$0
ANDY RAMIREZBOARD MEMBER (UNTIL 6/2024)
Trustee or director
2$0$0
MARTY DOGGETTBOARD MEMBER (UNTIL 3/2024)
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
JADIHEL TAVERASHEAD OF SCHOOL
Officer
40$184,172$23,349
DELIA DURAN-CLARKPRINCIPAL
Highest-paid employee
40$101,086$10,109
STEVE MARTINCO-PRESIDENT
Trustee or director, Officer
5$0$0
ERIN VAN OTTERLOOCO-PRESIDENT
Trustee or director, Officer
5$0$0
LINDSEY CURLEYSECRETARY
Trustee or director, Officer
5$0$0
THOMAS ABISALIHTREASURER
Trustee or director, Officer
5$0$0
ELAINE WHITEVICE PRESIDENT
Trustee or director, Officer
5$0$0
DENISE BORDONAROBOARD MEMBER
Trustee or director
2$0$0
BARBARA CHASEBOARD MEMBER
Trustee or director
2$0$0
ANDY RAMIREZBOARD MEMBER
Trustee or director
2$0$0
MARTY DOGGETTBOARD MEMBER
Trustee or director
2$0$0
EMILY JONESBOARD MEMBER
Trustee or director
2$0$0
NINA BOWMANBOARD MEMBER
Trustee or director
2$0$0
JENNIFER MCKENELLEYBOARD MEMBER
Trustee or director
2$0$0
ROBERT MILLERBOARD MEMBER
Trustee or director
2$0$0
ALEXANDRA NOVABOARD MEMBER
Trustee or director
2$0$0
KEVIN RAMOS-GLEWBOARD MEMBER
Trustee or director
2$0$0
CARLOS TORRESBOARD MEMBER
Trustee or director
2$0$0
KAVY YESAIRBOARD MEMBER
Trustee or director
2$0$0
KATE BARRANDBOARD MEMBER
Trustee or director
2$0$0
ADITI DHOLAKIABOARD MEMBER
Trustee or director
2$0$0
AUDREY ELLISBOARD MEMBER
Trustee or director
2$0$0
DANIEL HEISCHMANBOARD MEMBER
Trustee or director
2$0$0
ALLISON MATLACKBOARD MEMBER
Trustee or director
2$0$0
DEREK MITCHELLBOARD MEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
198 GARDEN ST, LAWRENCE, MA 01840-1628
Principal officer (990 for 2024)
JADIHEL TAVERAS, 198 GARDEN STREET, LAWRENCE, MA 01840
Signed the 990
JADIHEL TAVERAS, HEAD OF SCHOOL
Phone
(978) 686-4673
Return prepared by
AAFCPAS INC

Mission

ESPERANZA ACADEMY IS A TUITION-FREE, ALL-GIRLS MIDDLE SCHOOL, BUILT ON JUSTICE AND CENTERED IN JOY. WE CELEBRATE, SUPPORT, AND INSPIRE EACH STUDENT TO EMBRACE THEIR BRILLIANCE. OUR PROGRAM EMPOWERS GIRLS TO REDEFINE WHAT IS EXPECTED OF THEM, TO COUNTER SOCIETAL LIMITATIONS, AND TO TAKE ON CHALLENGES THAT WILL POSITIVELY IMPACT THE TRAJECTORY OF THEIR LIVES IN LAWRENCE, MA AND BEYOND.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE A TUITION-FREE MIDDLE SCHOOL TO ECONOMICALLY DISADVANTAGED GIRLS FROM LAWRENCE, MASSACHUSETTS. ANNUAL ENROLLMENT TOTALS APPROXIMATELY 60 GIRLS.
    Expenses $2,984,630 · revenue $75,294

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
73-1722348
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$24,835,758
Income (IRS master file)
$12,904,113

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$11,584,815$4,100,035$24,835,758IRS
990June 2024$5,978,708$3,656,042$8,899,974IRS
990June 2023$3,634,565$3,097,434$6,346,278XML
990June 2022$3,824,826$2,642,871$5,523,365IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1722348).

Questions about ESPERANZA ACADEMY INC

What is the EIN of ESPERANZA ACADEMY INC?
The employer identification number (EIN) of ESPERANZA ACADEMY INC is 73-1722348.
Is ESPERANZA ACADEMY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to ESPERANZA ACADEMY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ESPERANZA ACADEMY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ESPERANZA ACADEMY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ESPERANZA ACADEMY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ESPERANZA ACADEMY INC?
The 990 for the year ended June 30, 2025 names JADIHEL TAVERAS.
Who are the officers and directors of ESPERANZA ACADEMY INC?
The 990 for the year ended June 30, 2025 lists 20 people; 5 received compensation from the organization, the highest $257,621 (JADIHEL TAVERAS, HEAD OF SCHOOL).
How much revenue does ESPERANZA ACADEMY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $11,584,815, expenses of $4,100,035 and total assets of $24,835,758 at year end.

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